https://knews.kathimerini.com.cy/en/business/50-million-luxury-shoppers-pull-back-as-market-slows
For the first time since the 2009 financial crisis, the luxury goods market is losing its shine. A whopping 50 million shoppers have stopped splurging on designer bags, watches, and other high-end items, according to Bain & Company’s latest report....
https://knews.kathimerini.com.cy/en/business/amazon-launches-haul-a-low-cost-rival-to-temu-and-shein
Amazon is launching a new e-commerce platform called Haul, designed to offer shoppers incredibly low prices on a wide range of products, aiming to take on growing competition from Chinese brands like Temu and Shein....
https://knews.kathimerini.com.cy/en/business/indian-whisky-steps-up-a-new-contender-on-the-global-stage
India is shaking up the whisky world, blending centuries-old traditions with modern-day distilling to create whiskies that are finally getting noticed globally....
https://knews.kathimerini.com.cy/en/news/new-eu-tariffs-on-chinese-evs-slow-cyprus-shift-to-electric-cars
The European Union's new tariffs on electric vehicles (EVs) imported from China, reaching as high as 35.3%, are expected to significantly impact Cyprus' already slow-moving EV market, according to a report by Kathimerini's Dorita Yiannakou....
https://knews.kathimerini.com.cy/en/business/tgi-fridays-files-for-bankruptcy-to-keep-brand-afloat
TGI Fridays, the American casual dining brand famous for its lively atmosphere and happy-hour tradition, has filed for Chapter 11 bankruptcy protection as it grapples with the lingering impacts of the COVID-19 pandemic....
https://knews.kathimerini.com.cy/en/business/ft-dutch-court-rules-heineken-must-pay-millions-for-greek-subsidiary-violations
According to a report in the Financial Times, a Dutch court has ruled that Heineken is responsible for competition violations linked to its Greek subsidiary, Athenian Brewery, dating back to the 1990s. ...
https://knews.kathimerini.com.cy/en/news/harry-potter-s-marketing-guru-using-movie-magic-to-market-your-brand
Jason Bevan, a creative force behind the marketing of blockbuster franchises like 'Harry Potter', 'The Dark Knight', and 'Fantastic Beasts', recently visited Cyprus to speak at the Digital Agenda Summit....
https://knews.kathimerini.com.cy/en/news/china-s-electric-vehicle-sales-plummet-in-europe-amid-eu-tariffs
Chinese automakers are seeing a sharp decline in electric vehicle (EV) sales across Europe, with sales figures dropping to their lowest in the past 18 months. ...
https://knews.kathimerini.com.cy/en/news/google-s-grip-on-googling-fades-as-gen-z-shifts-online-habits
Twenty years ago, Google achieved what few companies can: its name became a verb. Merriam-Webster dictionary officially recognized “Google” as a verb, synonymous with searching for something online.
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https://knews.kathimerini.com.cy/en/news/greek-firms-fuel-business-expansion-across-cyprus
The investment climate in Cyprus has significantly improved since the crisis era of 2013, attracting substantial interest from Greek companies....
https://knews.kathimerini.com.cy/en/business/ft-unilever-to-cut-1-3-of-its-office-jobs-in-europe
Unilever, one of the largest distributors of consumer goods such as Dove, and BEn & Jerry's, Lipton, Knorr, etc., has announced plans to eliminate a third of its office-based roles in Europe by the end of 2025, ...
https://knews.kathimerini.com.cy/en/business/dior-bags-assembled-for-€53-sold-at-€2-600
Italian authorities have uncovered stark realities behind the glitz of fashion catwalks and luxury boutiques during recent raids on local factories and workshops involved in the production of Dior and Armani handbags....
https://knews.kathimerini.com.cy/en/news/neville-brody-embrace-difficulty-question-everything
Renowned graphic designer Neville Brody, a pioneer in visual communication, will deliver the commencement address at the University of Nicosia, where he will also receive an honorary doctorate from the Faculty of Humanities and Social Sciences....
https://knews.kathimerini.com.cy/en/news/bbf-announces-the-full-sale-of-four-class-a-business-centers-in-cyprus-in-the-past-12-months
BBF, Limassol’s top luxury residential developer, successfully sold out four Class A office buildings within the last year. Spanning a total area of approximately 20,000 sq. m., the full sale of bbf: latitude, bbf: liberty, bbf: benchmark, and bbf: summit solidifies BBF’s position as a leading name in Cyprus's commercial real estate market as well....
https://knews.kathimerini.com.cy/en/business/the-$10-billion-plan-to-rebuild-cyprus-s-ghost-town
The Turkish newspaper Sözcü has drawn attention to Varosha, an abandoned area in Famagusta, calling it the "Las Vegas of the Mediterranean." The paper says it would take $10 billion to bring the ghost town back to life after being abandoned for 50 years....
https://knews.kathimerini.com.cy/en/business/enjoy-summer-savings-up-to-50-off-with-wolt-weeks
Over 650 offers and discounts of up to 50% for Wolt+ subscribers until June 23....
https://knews.kathimerini.com.cy/en/news/damiani-expands-global-presence-with-first-boutique-in-cyprus
The Italian luxury jewelry group Damiani is celebrating its centenary this year, marking a century of excellence in goldsmithing, diamonds, gems, and pearls.
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https://knews.kathimerini.com.cy/en/business/athens-welcomes-nine-athens-hotel-a-treppides-project
Treppides Investments & Holdings is thrilled to unveil its latest project, the Nine Athens Hotel, a new boutique hotel in the vibrant heart of Athens. ...
https://knews.kathimerini.com.cy/en/news/news-corp-teams-up-with-openai-for-content-sharing
Joining news organizations that have chosen to collaborate rather than fight with the best-known artificial intelligence company, News Corp. has struck a multiyear deal to share news content with OpenAI for both training purposes and to answer questions from users....
https://knews.kathimerini.com.cy/en/business/cyprus-embraces-eco-friendly-fashion-and-lifestyle
Cyprus is taking strides towards a more environmentally friendly future, with the Sustainable Bazaar set to grace New Division on May 11th from 10:00 AM to 6:00 PM. This event offers a unique opportunity for individuals to explore distinctive pieces while adopting a sustainable approach to their style....
https://knews.kathimerini.com.cy/en/news/britain-s-prince-harry-officially-a-us-resident
In a significant move, Prince Harry, formally known as Prince Henry Charles Albert David Duke of Sussex, has officially declared himself a resident of the United States, as per a recent regulatory filing in the United Kingdom....
https://knews.kathimerini.com.cy/en/news/aptera-s-solar-car-prototype-moves-closer-to-completion
In a monumental stride towards realizing its vision, Aptera, the manufacturer of the highly anticipated solar-powered car, recently welcomed the arrival of its first production-grade body at its headquarters in San Diego....
https://knews.kathimerini.com.cy/en/news/container-ship-crash-in-baltimore-raises-global-supply-chain-concerns
Fears of potential disruptions to global supply chains have surged following a catastrophic incident in the bustling port city of Baltimore. ...
https://knews.kathimerini.com.cy/en/comment/opinion/struggles-amidst-renovation-on-makarios-avenue
I've heard that two stores of a well-known chain recently closed down on Makarios Avenue, namely Etam and Undiz. While these brands thrive in malls and other cities, they seem to struggle in the heart of Nicosia....
https://knews.kathimerini.com.cy/en/business/nike-replaces-adidas-as-sponsor-for-german-national-football-team
Nike has secured a landmark sponsorship deal with the German national football team, ousting Adidas from a partnership that has endured for over half a century, signaling a significant blow to the latter's brand....
https://knews.kathimerini.com.cy/en/business/how-trademarks-empower-businesses-in-the-digital-era
In the digital era, registering trademarks is of paramount importance, especially for small businesses and new entrepreneurs, as they play a crucial role in protecting a company’s brand and intellectual property....
https://knews.kathimerini.com.cy/en/news/popular-breakfast-cereals-infused-with-fertility-linked-pesticide
In a recent study conducted by the Environmental Working Group (EWG), it has been revealed that an obscure pesticide called chlormequat, which is linked to infertility in animals,...
https://knews.kathimerini.com.cy/en/news/nicosia-s-boutique-hotel-scene-flourishes-amid-tourism-surge
Seeking accommodation in a hotel in Nicosia for February, the search yields 22 options. Narrowing the search by distance from the city center results in fewer choices, yet still satisfactory. Twelve boutique units, primarily small boutique hotels, emerge from the search on booking.com....
https://knews.kathimerini.com.cy/en/life/are-you-ready-for-the-most-paradoxical-chocolate-experience
2024 kicks off in the most delicious and paradoxical way! Inspired Family Fun and Paradox Museum Limassol invite you to discover the magic of chocolate during 'The Chocolate Show' on January 26th, 27th, and 28th, 2024, at Trakasol Cultural Centre....
https://knews.kathimerini.com.cy/en/business/stellantis-group-shifts-gears-in-cyprus-hands-dealerships-to-cic-automasters
In a significant development for Stellantis Group's car dealerships in Cyprus, the renowned global car manufacturer is set to transfer operations to CIC Automasters Group. ...
